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Operations Management and Decision Making - Assignment

   

Added on  2021-01-01

8 Pages1218 Words329 Views
Leadership Management
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MANAGEMENT ANDOPERATIONS
Operations Management and Decision Making - Assignment_1

TABEL OF CONTENTP6- Factors within the business environment that impact upon operational management anddecision making by leader and manager......................................................................................1REFERENCES................................................................................................................................4
Operations Management and Decision Making - Assignment_2

P6- Factors within the business environment that impact upon operational management anddecision making by leader and manager Amazon company factors like ethical,corporate social responsibility and valueimpact on operational management decisionmaking. manager and leader can preparestrategies and take decision on the basis offactors that impact on business activities.manager and leaders planning, organisationand controlling the business activities thathelps to achieve goals and objective of thecompany that leads to enhance profits andmanage the operation of business. factors ofbusiness environment also includes thatimpact on business like political, economic,social, technological, legal and environmentfactors (Inyang, Agnihotri and Munoz,2018). Political: Amazon business affected bypolitical factor. This factor includesgovernment policy, foreign trade policy andtrade restriction, tax policy, labour law thathave to follow by the company. if anychanges done by government that willimpact on Amazon company's profitabilityand growth. As the UK government made itcompulsory for all the companies and isintroducing policies to adopt corporatesocial responsibility till year 2020 forreducing carbon footprints by the companycan affect company's working operationswith profitability and can limit the workingof the company. Instability of thegovernment result in the changes of thepolicies on a frequent basis which in turnaffects the operations of the company as ithas to adopt the new policies consistentlywhich is the complex process. This hindersthe smooth functioning of the organizationsand thus affects the efficiency of theemployees as they had to deal with newpolicies and procedures. The decisionmaking also get affected becauseappropriate decisions cannot be maderegarding the future needs of the companyas the different government poses differentregulations. Economic Factors: This factor representsthe economy's performance. It directly and
Operations Management and Decision Making - Assignment_3

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